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CENVAT Credit - Allegation of receipt of only invoices without receipt of duty paid goods - non-existent certain manufacturers and 1st stage dealers - While the respondent (Revenue) pointed out the alleged non-existence of suppliers, the Tribunal considered the registration and operational status of these suppliers as verified by the central excise authorities at the time. The Tribunal highlighted that the appellant had taken reasonable precautions as expected under the law, and it was not their duty to verify the existence of upstream suppliers beyond the immediate seller. The Tribunal set aside the orders denying Cenvat credit and imposing penalties.
CENVAT Credit - Allegation of receipt of only invoices without receipt of duty paid goods - non-existent certain manufacturers and 1st stage dealers - While the respondent (Revenue) pointed out the alleged non-existence of suppliers, the Tribunal considered the registration and operational status of these suppliers as verified by the central excise authorities at the time. The Tribunal highlighted that the appellant had taken reasonable precautions as expected under the law, and it was not their duty to verify the existence of upstream suppliers beyond the immediate seller. The Tribunal set aside the orders denying Cenvat credit and imposing penalties.
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